Genomic and Precision Medicine: Foundations, Translation, and Implementation: Third Edition
Developing the Value Proposition for Personalized Medicine
Publication
, Chapter
Reed, SD; Faulkner, E; Veenstra, DL
January 1, 2017
Standard methodological approaches have successfully been applied to evaluate the cost-effectiveness of numerous personalized medicine tests, particularly for companion diagnostics developed in the context of a clinical trial. However, disagreement has emerged about the extent to which existing methods can characterize the value of personalized medicine. This chapter provides an overview of cost-effectiveness analysis and the factors determining the value of personalized medicine. The authors identify limitations of the traditional cost-effectiveness analysis framework and methodological issues that will arise with increasing use of multiple "omics" profiles to guide individualized selection of treatments.
Duke Scholars
DOI
ISBN
9780128006818
Publication Date
January 1, 2017
Start / End Page
327 / 342
Citation
APA
Chicago
ICMJE
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Reed, S. D., Faulkner, E., & Veenstra, D. L. (2017). Developing the Value Proposition for Personalized Medicine. In Genomic and Precision Medicine: Foundations, Translation, and Implementation: Third Edition (pp. 327–342). https://doi.org/10.1016/B978-0-12-800681-8.00022-0
Reed, S. D., E. Faulkner, and D. L. Veenstra. “Developing the Value Proposition for Personalized Medicine.” In Genomic and Precision Medicine: Foundations, Translation, and Implementation: Third Edition, 327–42, 2017. https://doi.org/10.1016/B978-0-12-800681-8.00022-0.
Reed SD, Faulkner E, Veenstra DL. Developing the Value Proposition for Personalized Medicine. In: Genomic and Precision Medicine: Foundations, Translation, and Implementation: Third Edition. 2017. p. 327–42.
Reed, S. D., et al. “Developing the Value Proposition for Personalized Medicine.” Genomic and Precision Medicine: Foundations, Translation, and Implementation: Third Edition, 2017, pp. 327–42. Scopus, doi:10.1016/B978-0-12-800681-8.00022-0.
Reed SD, Faulkner E, Veenstra DL. Developing the Value Proposition for Personalized Medicine. Genomic and Precision Medicine: Foundations, Translation, and Implementation: Third Edition. 2017. p. 327–342.
DOI
ISBN
9780128006818
Publication Date
January 1, 2017
Start / End Page
327 / 342